Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Contribution margin modeling by academic unit: an evidence-based approach to programmatic decision making.

Roy F Heynderickx1, Terry R Misener

  • 1School of Nursing, University of Portland, OR 97203, USA. Heyndri.@up.edu

Nursing Leadership Forum
|November 2, 2005
PubMed
Summary

Nursing administrators need to understand university financial models for academic units. This paper presents a model for comparing contribution margins across schools to inform program expansion or contraction decisions.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same journal

Benefits and costs of integrating technology into undergraduate nursing programs.

Nursing leadership forum·2005
Same journal

The dedicated education unit: a practice and education partnership.

Nursing leadership forum·2005
Same journal

Managing resources and ensuring accountability: understanding return on investment.

Nursing leadership forum·2005
Same journal

A model to identify direct costs of nursing education: the Colorado experience.

Nursing leadership forum·2005
Same journal

A budget model to determine the financial health of nursing education programs in academic institutions.

Nursing leadership forum·2005
Same journal

Surviving the enrollment growth funding formula.

Nursing leadership forum·2005

Area of Science:

  • Healthcare Management
  • Higher Education Finance
  • Academic Administration

Background:

  • Understanding financial performance is crucial for academic unit leaders.
  • University administrators must grasp revenue and expense calculations.
  • Comparative analysis by higher administration informs strategic decisions.

Purpose of the Study:

  • To present a financial model for comparing contribution margins across academic units.
  • To enable "what if" scenario analysis for program changes.
  • To enhance financial transparency for nursing administrators and university leadership.

Main Methods:

  • Development of a financial analysis model tailored for a private comprehensive university.
  • Calculation of contribution margins for individual schools/colleges.

Related Experiment Videos

  • Application of the model for comparative analysis and strategic planning.

    • Main Results:

    • The model allows for effective comparison of financial contribution across diverse academic units.
    • "What if" analyses can be performed to evaluate the financial impact of program changes.
    • Provides a framework for data-driven decision-making in academic resource allocation.

    Conclusions:

    • The presented model enhances understanding of academic unit financial performance.
    • Facilitates informed strategic planning regarding program development and resource allocation.
    • Empowers nursing administrators with financial insights for effective leadership.